Sunday 6 December 2009

Qatar to boost knowledge-based industries

Qatar is gearing up to boost its non-oil and non-gas sector with particular emphasis on knowledge-based and high-tech industries, according to senior Ministry of Energy and Industry officials.

A committee has been set up to conduct studies aimed at promoting small and medium size projects worth QR2bn.

Besides, in order to finance projects and encourage investment, the government has raised Qatar Development Bank’s (QDB) capital to QR10bn.

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